Auto withdrawal from paypal account to bank account
September 23, 2011 12:20pm CST
I have verified paypal account and last week I got $3.5 payment. Today I got the mail from paypal that they have transferred that money to my bank account without any charges. That's great because prior to this I had to pay $1 for less than $150 withdrawal . This is great news for Indian users , anybody else experienced this ?
1 person likes this
23 Sep 11
I think it is only can be experienced by Indian users . I can't get any auto withdrawal and need to pay Rp16.000 (about $2) if I am going to transfer my balance to bank account . Anyway, once I ever heard that as a drawback, Indian members can't make any payment via Paypal. Is the regulation still there? Or do you already can make payment via paypal?
24 Sep 11
By the way, I am a bit curious, usually a bank have a regulation about the minimum amount to be transferred. As for my local bank here, the minimum transfer is Rp10.000 (equal with about 0.9$). How about your country? Let's say you only have a balance of $0.05 on Paypal, then would it being transferred to your bank?
26 Sep 11
Congratulations! Paypal is a genuine one.. I made a lots of withdrawals from paypal and I am grateful to have a verified account, its good because they are only charging a small amount. I am just upset when the rate of dollars were changing from time to time, because it affects the rate of our local currency where you were living. But overall I don't have any problems with paypal. Keep it up my friend and good luck!
23 Sep 11
I think you were kinda late to notice about this . I don't hold any Indian Paypal account but my hubby does and his 80 cents (imagine) just got transferred automatically and his bank re-confirms him the same about the transaction. Anyway, what else is there to observe in RBI and your banks law, hmmm let's see.